Foreclosure Activity By Metro Area, Q3 2010
Foreclosures are a big part of the housing market, with distressed properties accounting for 35 percent of all home resales last month, according to the National Association of REALTORS®. But for as common as foreclosures can be, they remain a localized concern. Data from foreclosure-tracking firm...New Home Housing Stock Drops To A 5-Month Low
In the same week that the National Association of REALTORS reported home resales up 10 percent in September, the U.S. Census Bureau reported similarly strong results for the new construction market. After improving 1 percent in August, New Home Sales popped another 7 percent in September. It’s...Home Values Up 0.4 Percent In August, On Average
Consistent with the most recent Case-Shiller Index, the government’s Home Price Index said home prices rose between July and August. The Federal Home Finance Agency’s data showed values up 0.4 percent nationwide, on average. Region-by-region, however, the results were scattered. Coastal...What’s Ahead For Mortgage Rates This Week : October 25, 2010
Posted by yourmortgageplanner on Oct 25, 2010 in Featured Articles, Mortgage Rates, Weekly Review | 0 comments
Mortgage markets improved last week overall, but barely. After making a sizable move lower through Monday, Tuesday and Wednesday, mortgage pricing jumped Thursday and Friday. Nearly all of the early-week gains were erased.
Conforming mortgage rates in Washington ended the week slightly improved.
There...
